Shares of TP ICAP soared over 11% across the board on Wednesday after US hedge fund Phase 2 Partners asked the company to explore the possibility of a sale.
According to Reuters, the London-listed company was urged to look for a new ownership structure through a possible sale or merger with another global trading platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
Read this Term held by Phase 2 Partners, which holds 7.7 million shares.
“I currently see your shares as significantly undervalued, believe management’s lack of stock ownership represents a significant governance failure… and believe the company needs to make decisive steps immediately to benefit long-suffering shareholders,” Justin Hughes, founder of Phase 2 Partners, commented in a letter dated March 22.
In a letter published on Wednesday, Richard Berliand, TP ICAP Chairman, is also urged to take all board compensation as equity.
TP ICAP, in response, a spokesman for the company, stated that the company maintains an active dialogue with its investors and that it is focused on delivering value to shareholders. As of Tuesday’s close, shares of the company, which matches buyers and sellers of securities, had lost 28% of their value in 2021.
Hudson River Trading Integration
TP ICAP recently added Hudson River Trading, a quantitative trading
Quantitative Trading
Quantitative trading is defined as a type of market strategy that relies on mathematical and statistical models to both identify and execute opportunities. Also known as quant trading, this strategy uses models that are driven by quantitative analysis, as well as advanced research and measurement to strip complex patterns of behavior into numerical values.Of note, quantitative trading eschews qualitative analysis, which evaluates opportunities based on subjective factors such as management expertise or brand strength.Quantitative trading requires a large amount of computational power. This makes it a common tool amongst large institutional investors and hedge funds with access to this level of computing.However, advances in new technology has allowed for increasing numbers of individual traders to become involved in quantitative trading in recent years.How Does Quantitative Trading Work?Quantitative trading works by utilizing data-based models to determine the probability of a certain outcome happening. Unlike other forms of trading, this strategy relies solely on statistical methods and programming to do this.For example, you can observe that volume spikes on IBM stock is quickly followed by significant price moves. As such, you can construct a program that analyzes and looks for this pattern across IBM’s entire market history.If you find that the pattern has resulted in a move upwards of 95% of the time in the past, your model will predict a 95% probability that similar patterns will occur in the future.Quantitative trading differs from algorithmic trading, which relies on automated systems that analyze chart patterns then open and close positions on their behalf. Quantitative traders instead use statistical methods to identify, but not necessarily execute, opportunities.
Quantitative trading is defined as a type of market strategy that relies on mathematical and statistical models to both identify and execute opportunities. Also known as quant trading, this strategy uses models that are driven by quantitative analysis, as well as advanced research and measurement to strip complex patterns of behavior into numerical values.Of note, quantitative trading eschews qualitative analysis, which evaluates opportunities based on subjective factors such as management expertise or brand strength.Quantitative trading requires a large amount of computational power. This makes it a common tool amongst large institutional investors and hedge funds with access to this level of computing.However, advances in new technology has allowed for increasing numbers of individual traders to become involved in quantitative trading in recent years.How Does Quantitative Trading Work?Quantitative trading works by utilizing data-based models to determine the probability of a certain outcome happening. Unlike other forms of trading, this strategy relies solely on statistical methods and programming to do this.For example, you can observe that volume spikes on IBM stock is quickly followed by significant price moves. As such, you can construct a program that analyzes and looks for this pattern across IBM’s entire market history.If you find that the pattern has resulted in a move upwards of 95% of the time in the past, your model will predict a 95% probability that similar patterns will occur in the future.Quantitative trading differs from algorithmic trading, which relies on automated systems that analyze chart patterns then open and close positions on their behalf. Quantitative traders instead use statistical methods to identify, but not necessarily execute, opportunities.
Read this Term firm, to its new Digital Assets Spot platform, which will be launched soon.
A new institutional digital asset trading platform will be launched by the inter-dealer broker later this year, but it still needs to be approved by regulators. Using the platform, traders will have access to a wholesale market for spot crypto asset trading, including Bitcoin and Ethereum. Founded in 2002, Hudson offers a sophisticated computing environment for algorithmic trading. TP ICAP is optimistic that the algorithmic trading will provide diversified liquidity to its upcoming platform, ensuring competitive buying and selling prices.
TP ICAP continued the expansion of its services in other areas and is going to launch an electronic foreign exchange trading platform in Singapore. But, it recorded an 81 percent drop in 2021 profits, despite a marginal revenue increase.
Shares of TP ICAP soared over 11% across the board on Wednesday after US hedge fund Phase 2 Partners asked the company to explore the possibility of a sale.
According to Reuters, the London-listed company was urged to look for a new ownership structure through a possible sale or merger with another global trading platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
Read this Term held by Phase 2 Partners, which holds 7.7 million shares.
“I currently see your shares as significantly undervalued, believe management’s lack of stock ownership represents a significant governance failure… and believe the company needs to make decisive steps immediately to benefit long-suffering shareholders,” Justin Hughes, founder of Phase 2 Partners, commented in a letter dated March 22.
In a letter published on Wednesday, Richard Berliand, TP ICAP Chairman, is also urged to take all board compensation as equity.
TP ICAP, in response, a spokesman for the company, stated that the company maintains an active dialogue with its investors and that it is focused on delivering value to shareholders. As of Tuesday’s close, shares of the company, which matches buyers and sellers of securities, had lost 28% of their value in 2021.
Hudson River Trading Integration
TP ICAP recently added Hudson River Trading, a quantitative trading
Quantitative Trading
Quantitative trading is defined as a type of market strategy that relies on mathematical and statistical models to both identify and execute opportunities. Also known as quant trading, this strategy uses models that are driven by quantitative analysis, as well as advanced research and measurement to strip complex patterns of behavior into numerical values.Of note, quantitative trading eschews qualitative analysis, which evaluates opportunities based on subjective factors such as management expertise or brand strength.Quantitative trading requires a large amount of computational power. This makes it a common tool amongst large institutional investors and hedge funds with access to this level of computing.However, advances in new technology has allowed for increasing numbers of individual traders to become involved in quantitative trading in recent years.How Does Quantitative Trading Work?Quantitative trading works by utilizing data-based models to determine the probability of a certain outcome happening. Unlike other forms of trading, this strategy relies solely on statistical methods and programming to do this.For example, you can observe that volume spikes on IBM stock is quickly followed by significant price moves. As such, you can construct a program that analyzes and looks for this pattern across IBM’s entire market history.If you find that the pattern has resulted in a move upwards of 95% of the time in the past, your model will predict a 95% probability that similar patterns will occur in the future.Quantitative trading differs from algorithmic trading, which relies on automated systems that analyze chart patterns then open and close positions on their behalf. Quantitative traders instead use statistical methods to identify, but not necessarily execute, opportunities.
Quantitative trading is defined as a type of market strategy that relies on mathematical and statistical models to both identify and execute opportunities. Also known as quant trading, this strategy uses models that are driven by quantitative analysis, as well as advanced research and measurement to strip complex patterns of behavior into numerical values.Of note, quantitative trading eschews qualitative analysis, which evaluates opportunities based on subjective factors such as management expertise or brand strength.Quantitative trading requires a large amount of computational power. This makes it a common tool amongst large institutional investors and hedge funds with access to this level of computing.However, advances in new technology has allowed for increasing numbers of individual traders to become involved in quantitative trading in recent years.How Does Quantitative Trading Work?Quantitative trading works by utilizing data-based models to determine the probability of a certain outcome happening. Unlike other forms of trading, this strategy relies solely on statistical methods and programming to do this.For example, you can observe that volume spikes on IBM stock is quickly followed by significant price moves. As such, you can construct a program that analyzes and looks for this pattern across IBM’s entire market history.If you find that the pattern has resulted in a move upwards of 95% of the time in the past, your model will predict a 95% probability that similar patterns will occur in the future.Quantitative trading differs from algorithmic trading, which relies on automated systems that analyze chart patterns then open and close positions on their behalf. Quantitative traders instead use statistical methods to identify, but not necessarily execute, opportunities.
Read this Term firm, to its new Digital Assets Spot platform, which will be launched soon.
A new institutional digital asset trading platform will be launched by the inter-dealer broker later this year, but it still needs to be approved by regulators. Using the platform, traders will have access to a wholesale market for spot crypto asset trading, including Bitcoin and Ethereum. Founded in 2002, Hudson offers a sophisticated computing environment for algorithmic trading. TP ICAP is optimistic that the algorithmic trading will provide diversified liquidity to its upcoming platform, ensuring competitive buying and selling prices.
TP ICAP continued the expansion of its services in other areas and is going to launch an electronic foreign exchange trading platform in Singapore. But, it recorded an 81 percent drop in 2021 profits, despite a marginal revenue increase.
Source: https://www.financemagnates.com/institutional-forex/us-hedge-fund-asks-tp-icap-to-explore-a-sale-shares-skyrocket/